Latest Mineral Resource Upgrades News

Audalia Resources completed key drilling and metallurgical programs at its Medcalf vanadium-titanium-iron project, progressing towards a resource upgrade and mine design. However, cash reserves and funding runway remain limited, underscoring the need for successful financing.

North Stawell Minerals (ASX – NSM) advances drilling at its North Stawell Gold Project, revealing promising high-grade gold intercepts and a robust exploration pipeline near the historic Stawell mine.

Brightstar Resources has reported significant high-grade gold intercepts and visible gold in diamond drilling at its Yunndaga deposit, reinforcing the potential of the Menzies Gold Project ahead of a resource upgrade and maiden underground reserve declaration.

Brightstar Resources has kicked off a significant underground drilling campaign at its Fish Mine, aiming to extend mine life and upgrade mineral resources for future production growth.

Patriot Battery Metals has reported a significant mineral resource upgrade at its Shaakichiuwaanaan Property, reaffirming its position as a leading lithium and caesium explorer. The company also progressed its lithium-only feasibility study and environmental assessments while maintaining a strong financial position.

Argent Minerals is fast-tracking its Kempfield Polymetallic Project in NSW, launching diamond drilling and metallurgical testwork to explore early production options and support a scoping study.

Gorilla Gold has unveiled a major Mineral Resource upgrade at its Mulwarrie Gold Project in Western Australia, boosting contained gold ounces by 340% to 350,000 at a higher grade of 3.6 grams per tonne. This pivotal update sets the stage for further growth and development in a prolific gold region.

Emmerson Resources’ latest scoping study confirms the White Devil gold deposit as a major mine with a robust resource base and strong financial metrics, setting the stage for feasibility studies and production growth.

Saturn Metals has reported a robust June quarter highlighted by significant drilling success and exceptional metallurgical recoveries at Apollo Hill, lifting its gold resource to 2.24 million ounces. These developments set the stage for a pivotal Pre-Feasibility Study and maiden Ore Reserve later this year.

FireFly Metals reports exceptional infill drilling results at its Green Bay Copper-Gold Project, confirming strong mineral continuity and setting the stage for a resource upgrade and mining feasibility studies.

Warriedar Resources has announced a landmark mineral resource upgrade at its Ricciardo deposit, now home to Australia’s largest open-pit antimony resource, alongside significant gold discoveries and a successful A$21 million capital raise to accelerate exploration.

Warriedar Resources has successfully closed an oversubscribed Share Purchase Plan, raising $9.1 million; well above its initial $2 million target; and securing a total of $21 million in funding to accelerate exploration at its Golden Range Gold Project.